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Petrodorado Files 2010 Financial Results, Reserve Report, Annual Information Form and Management Discussion & Analysis

Apr. 27, 2011 (Filing Services Canada) -- Petrodorado Energy Ltd. (PDQ - TSX Venture), has file...

articleRok Resources, Inc. Class BApril 27, 20114/company/rok-resources-inc/news/petrodorado-files-2010-financial-results-reserve-report-annual-information-form-and-management-discussion-and-analysis
Petrodorado Files 2010 Financial Results, Reserve Report, Annual Information Form and Management Discussion & Analysis

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[{"type":"text","content":"\nPetrodorado Files 2010 Financial Results, Reserve Report, Annual Information Form and Management Discussion & Analysis\n\n Apr. 27, 2011 (Filing Services Canada) -- Petrodorado Energy Ltd. (PDQ - TSX Venture), has filed its 2010 Year Financial Results, Reserve Report, Annual Information Form and Management Discussion & Analysis.Financial StatementsHighlights include:- Established operational office in Bogota, Colombia  including experienced technical staff familiar with the Company's assets- Acquired and completed the acquisition of interests in nine blocks in Colombia, Peru and Paraguay- Participated in the drilling of 4 wells (2.6 net) and the acquiring of approximately 650 square km of 3D seismic and 640 line km of 2D seismic- Achieved first oil and gas sales revenue of $1,142,111 in the year ended December 31, 2010 as production commenced from the ME-1 well in Moriche- With equity financing subsequent to year-end, has sufficient working capital to fund 2011 budgeted capital activities------------------------------------------------------------------------$ (U.S. dollars)                           Year ended       Period ended                                    December 31, 2010  December 31, 2009------------------------------------------------------------------------Working Capital                            20,809,468         67,933,858Property Plant & Equipment                 51,944,008          5,669,419Total Assets                               85,750,536         78,648,...

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